Africa

Presidents, Heads of State, other top government leaders, Chief Executive Officers (CEOs) from across Africa and beyond, and leading global investors are set to converge on Abuja, Nigeria’s capital city for the Africa Economic Summit (AEC) holding from June 3-4, 2024. Preparations for the Summit, which will take place at …

Strategies adopted by Dangote Cement to increase sales and ensure an adequate supply of products to customers are yielding the desired results as domestic sales volume increased by 26.1 percent to 4.6Mt in the first quarter of 2024. According to the cement manufacturers’ unaudited results for the three months that …

CAIRO, Egypt, April 23, 2024 The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) swept the stage at the recently concluded Bonds, Loans and Environmental, Social and Governance (ESG) Capital Markets Africa Awards 2024 ceremony, taking home six of the awards handed out at the event held in South Africa. Delivered on the sidelines …

…As Minister endorses one of the event’s sidelines -Workshop on Eco-Friendly Wear The Federal Ministry of Environment has officially endorsed the Meet Africa Fashion Festival (MAFEST), describing the international event as novel and worthy of its collaboration. The fashion festival is being organised by Mena Communications Limited in collaboration with …

BARBADOS, West Indies, April 19, 2024/ African Export-Import Bank (Afreximbank or the Bank) (www.Afreximbank.com) has announced that it has extended a USD 25 Million term loan facility to Kensington Oval Management Inc. (KOMI), a major sports facility in Bridgetown, Barbados, ahead of the 2024 Cricket World Cup which is set …

YAOUNDÉ, Cameroon, April 16, 2024 In a move that reaffirms its commitment to Central Africa’s development course, the African Development Bank (AfDB) (www.AfDB.org) has inaugurated an ultramodern regional office building in Yaoundé, Cameroon. Joseph Dion Ngute, Prime Minister of Cameroon, and Marie-Laure Akin-Olugbade, the Bank Group’s Vice-President for the Regional …

ABIDJAN, Ivory Coast, April 15, 2024 The African Development Bank (www.AfDB.org) has published a report clarifying the legal framework, processes and governance for a call on the callable capital by the institution. Callable capital refers to the portion of the Bank’s capital that is subscribed by shareholders but not immediately …

 ASR Africa Initiative Groundbreaking ceremony for the construction of N250 million office blocks for the College of Health Sciences, Usmanu Danfodiyo University, Sokoto on Tuesday, performed by Dr Ubon Udoh MD/CEO supported by Prof. Lawal Bilbis the University Vice-Chancellor By Muhammad Nasir Sokoto, April 16, 2024 The Abdul Samad Rabiu …

L-R: Former President of Botswana, Lt. Gen.- Khama Ian Khama, Chairman Heritage Times, Moses Siasia, Former President of Ghana, John Mahama By Rukayat Moisemhe Lagos, April 15, 2024 Former President of Ghana, John Mahama and Former President of Botswana, Lt. Gen.- Seretse Khama Ian Khama, have urged African leaders to …

ALGIERS, Algeria, April 15, 2024 The Host Agreement Signing Ceremony for the Intra-African Trade Fair 2025 (IATF2025) took place in Algiers on Monday, 15 April 2024. The Ceremony, which was hosted by the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in collaboration with the African Union and the AfCFTA Secretariat, and the …

NASSAU, Bahamas, April 11, 2024 The Government of the Commonwealth of The Bahamas and African Export-Import Bank (Afreximbank) (https://www.Afreximbank.com/) have signed the Agreement for The Bahamas to host the 31st Afreximbank Annual Meetings (AAM) and the third edition of the AfriCaribbean Trade and Investment Forum (ACTIF). The AAM will be held in …

Bamako, April 12, 2024 Malian political parties and civil society groups on Thursday jointly rejected the ruling junta’s order to suspend political activities and vowed to mount a legal challenge to what one opposition politician called the “dictatorial” move. The West African country has been under military rule since a …

WINDHOEK, Namibia Engr. Simbi Kesiye Wabote, former Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), will speak at the upcoming Namibia International Energy Conference (NIEC) 2024, unlocking newfound collaboration between the two countries on local content policy development and implementation. Since his appointment in 2016, Wabote has …

The words of President Bassirou Diomaye Faye were honey to taste. Following the bitter ending of the 12-year rule of Macky Sall, highlighted by the widespread belief that France is at the heart of Senegal’s misery, a forlorn country enthusiastically lapped up Faye’s promise of a future untainted by French …

The Super Falcons of Nigeria have qualified for the 2024 Paris Olympic games with a 1-0 aggregate victory over South Africa. Nigeria’s Super Falcons and the Banyana Banyana of South Africa were drawn in a feisty final qualifying round for the 2024 Paris Olympic games and after two legs, it …

Flying Eagles star, Auwal Ibrahim who recently returned from participation in the just concluded 13th African Games men’s football competition in Ghana has expressed appreciation to the Chairman of Akwa United Football Club, Elder Paul Bassey, all the staff of the Club as well as his teammates for the support …

By Ijeoma Okigbo Abuja, April 8, 2024 Nigeria’s Super Falcons have arrived in Pretoria ahead of the return leg of the final Paris 2024 Olympic qualifying round against Bayana Bayana of South Africa. According to the media officer of the team, Oluchi Tobechukwu, the team arrived at the Oliver Tambo …

The Nigerian billionaire, Chief Osondu Nwoye, who died in Cote d’Ivoire, earlier this year during the AFCON championship, has been laid to rest in his Anambra State home. Chief Nwoye, a business tycoon and Super Eagles fan, who was based in Cote d’Ivoire, was said to have passed on due …

A global drumming campaign will commence on Monday, April 8, 2024 on the 220th Anniversary of the Freedom Proclamation by then Governor General Jean Jacques Dessalines to the inhabitants of Hayti (Haiti). On that day, 220 years on Monday, April 8, Janjak Desalin (Jean Jacques Dessalines) made the historic Liberty …

Black Women: Shaping our everyday history (Women making History Month 2024): Together, let’s ensure that Black History and Women’s history Month is not just a month-long celebration, but a vibrant and ongoing part of our everyday lives. There are pioneers in every field. Think about the iconic voice of Maya …

By Ijeoma Okigbo Abuja, April 5, 2024 Super Falcons coach, Randy Waldrum, said the team lost several scoring chances in spite of the lone goal victory over Banyana Banyana of South Africa on Friday in Abuja. He said this after the first leg of the final round of the Paris …

CAIRO, Egypt, April 5, 2024 African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries for the year ended 31 December 2023. Largely propelled by the Bank’s and its subsidiaries’ growth, the Group’s results for the financial year ended 31 December …

CAIRO, Egypt, April 4, 2024 African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria. This product, branded as ‘Afreximbank Tradelink,’ is one of Afreximbank’s digital offerings under the umbrella of the Africa Trade Gateway (ATG). ATG provides African corporates …

CAIRO, Egypt, April 4, 2024 African Export-Import Bank (Afreximbank) has introduced the Afreximbank Policy Research Working Paper Series (APRWPS) and is inviting authors to submit manuscripts for publication. The APRWPS will provide a platform for Afreximbank staff, academics, scholars, institutions and practitioners to share preliminary research findings on topics concerning …

 … Supports direct elections into ECOWAS Parliament President Bola Tinubu has called on ECOWAS member states to come together, strengthen ties, and reject forces bent on causing division within the community. Speaking at the inauguration of the Sixth Legislature of the ECOWAS Parliament, on Thursday in Abuja, President Tinubu, who …